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The Belt and Road Initiative > HKTDC Research

Kazakhstan: a Modern Silk Road Partner

Photo: Kazakhstan: a Modern Silk Road Partner

As the most advanced economy in Central Asia, oil-rich Kazakhstan leads the region in terms of GDP and purchasing power, while also acting as a key business and logistic hub linking China and Europe. As the host of Expo 2017, the first World’s Fair in Central Asia, and the newest WTO member (as of 30 November 2015), Kazakhstan is seen as having huge potential, especially if it succeeds in its ambitious upgrade to its global connectivity. read more

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China Consumer Market > Market Trends

Young Consumers: Driving the Growth of China’s Skincare Market

Photo: Young Consumers: Driving the Growth of China’s Skincare Market

“Young people (aged 25-36) are the core consumers of skincare products,” said Shen Weiliang, vice president of the Osmun Group. “At present, the per-capita consumption of skincare products on the mainland only amounts to 20-25% of that of the US, it is believed that the demand for skincare products in the China market will steadily increase." Shen shares his observations on the attitude of mainland consumers towards skincare products. read more

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China Consumer Market > Market Trends

Historic Tainan Department Store Blends Commerce and Heritage

Photo: Historic Tainan Department Store Blends Commerce and Heritage

Once one of the benchmark buildings of Tainan, a city in southern Taiwan, the 84-year-old Hayashi Department Store has been successfully restored to its former glory, with its new incarnation trading as a unique creative retail hub. read more